SIA FLEXNETActive
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2017–2025
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||
| Total current assets | 28 727 | 64 509 | 72 185 | 59 334 | 53 417 | 46 833 | 34 069 | 73 542 | 92 683 |
| Total non-current assets | 1866 | 1796 | 1337 | 467 | 0 | 0 | 0 | 20 387 | 26 543 |
| Total assets | 30 593 | 66 305 | 73 522 | 59 801 | 53 417 | 46 833 | 34 069 | 93 929 | 119 226 |
| Balance sheet — liabilities and equity | |||||||||
| Current liabilities | 16 271 | 23 839 | 20 409 | 14 426 | 15 541 | 19 222 | 5883 | 42 041 | 48 916 |
| Non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | 16 271 | 23 839 | 20 409 | 14 426 | 15 541 | 19 222 | 5883 | 42 041 | 48 916 |
| Share capital | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — |
| Profit for the year | 11 522 | 28 144 | 22 169 | -7738 | -7499 | -10 265 | 575 | 23 702 | 18 422 |
| Total equity | 14 322 | 42 466 | 53 113 | 45 375 | 37 876 | 27 611 | 28 186 | 51 888 | 70 310 |
| Income statement | |||||||||
| Sales revenue | 75 355 | 166 308 | 129 744 | 44 653 | 18 544 | 14 928 | 20 587 | 197 659 | 442 227 |
| Operating profit | 13 423 | 29 440 | 23 950 | -5495 | -5420 | -6315 | 4286 | 25 201 | 24 852 |
| Profit before income tax | 13 409 | 28 144 | 22 169 | -7738 | -7499 | -10 265 | 575 | 23 702 | 18 422 |
| Profit for the reporting year | 11 522 | 28 144 | 22 169 | -7738 | -7499 | -10 265 | 575 | 23 702 | 18 422 |
| Labour costs | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||
| Employees | 2 | 5 | 5 | 1 | 1 | 1 | 1 | 4 | 9 |
| Calculated dividend | — | 0 | 11 522 | 0 | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: SIA FLEXNET
Overview
SIA FLEXNET (reg. no. 50203063341) is a limited liability company. The company was registered in 2017 and has been in the register for 9 years. Registered address: Tukuma nov., Irlavas pag., Irlava, "Riekstiņi" - 8.
Financial results
Revenue in 2025 was 442 227 €, up 124% on the previous year (197 659 €). From 2017 to 2025, revenue grew by an average of 24,8% per year. This is the company's highest revenue among the published years (2017–2025). Net profit for 2025 was 18 422 € (4,2% of revenue). The company was profitable in 6 of the 9 published years. In 2025 the company had 9 employees (4 a year earlier). Revenue per employee was 49 136 €. At the end of 2025, total assets were 119 226 € and equity 70 310 € (59,0% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.